SoFi Technologies(US:SOFI) Benzingaยท2025-10-01 16:01Core Insights - Whales have adopted a bearish stance on SoFi Technologies, with 44% of trades being bearish compared to 38% bullish [1] - The detected options trades include 13 puts totaling $1,027,687 and 21 calls totaling $1,123,883 [1] Options Trading Analysis - The price target for SoFi Technologies is observed to range from $1.0 to $43.0 based on the volume and open interest of options contracts [2] - The mean open interest for SoFi options trades is 7,919.03, with a total volume of 19,741.00 [3] Significant Options Trades - Notable trades include bullish puts with expiration dates extending to 2026 and bearish calls, indicating mixed sentiment among traders [8] - Specific trades include a bullish put for $232.7K at a strike price of $23.00 and a bearish call for $158.5K at a strike price of $12.00 [8] Company Overview - SoFi Technologies, founded in 2011 and based in San Francisco, has diversified from student loan refinancing to a wide range of financial services [9] - The company aims to be a comprehensive financial solution through its mobile app and website, including services like personal loans, credit cards, and investment accounts [9] Analyst Ratings - Analysts have set an average price target of $26.0 for SoFi Technologies, with varying ratings from different firms [11] - Needham maintains a Buy rating with a target of $29, while Morgan Stanley holds an Underweight rating with a target of $18, and Mizuho has an Outperform rating with a target of $31 [12] Current Market Status - The current price of SoFi is $26.54, reflecting a 0.44% increase, with a trading volume of 32,235,168 [14] - RSI indicators suggest that the stock may be approaching overbought conditions [14]